email@example.com Started The Discussion:Dear seniors,
am currently face a interview in which interviewers asked me a questions how am deducted the PF& ESI in the salary what formula use in excel l sheet in which automatically deductions of the PF and ESI of each employees in the salary .kindly pls told me the formula use ..
13th May 2011 From India, Chandigarh
if u don't mind then i think if u will discuss with me on phone then i can clear u more effectivly.
Basic Means it is decided by state govt. for workers and DA means dearness allowence. so toal basic means ( Basic+ DA)
gross menas his total monthly salary ( how many salary is made for per month) where part of salary is Basic, HRA, Conveyance, Education All. Special Allowence
Net menas after deduction of PF, Esic ( If Applicable) and other deduction as per company policy
13th May 2011 From India, Rudarpur
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